The Indian government has appointed Rohit Jain as deputy governor of the Reserve Bank of India for a period of three years, Reuters reported, citing a government notification issued on Friday.
Jain’s appointment will take effect from May 3. He is currently serving as an executive director at the central bank.
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His portfolio allocation as deputy governor is yet to be announced.
Jain succeeds former deputy governor T Rabi Sankar, who retired late last month after completing his tenure at the RBI.